PCS Edventures!.com, Inc. Reports Unaudited Earnings Results for the First Quarter Ended June 30, 2020
August 13, 2020 at 12:00 pm
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PCS Edventures!.com, Inc. reported unaudited earnings results for the first quarter ended June 30, 2020. For the quarter, the company reported revenue of $0.72 million, which was down 56% from the quarterly revenue from the same period last year. Net loss was $0.08 million compared to net income of $0.58 million for the same period last year.
PCS Edventures!, Inc. (PCS) is a provider of hands-on, K12 Science, Technology, Engineering, Arts and Math (STEAM) curriculum and resources for educators in classrooms and out-of-school learning environments. The Company through Thrust-UAV has developed educational drones and drone curriculum. Its customers include schools and school districts from the collegiate to kindergarten level, and providers of out-of-school programming which include after-school programs, home-schooling programs, summer programs, and corporate outreach programs. It develops and sells a variety of STEM education products into the K12 market, such as Enrichment Programs, Discover Series Products, BrickLAB Products, Discover Drones, Add-on Drone Packages and Ala Carte Drone Items, STEAMventures BUILD Activity Book, and Professional Development Training. It offers approximately 31 different enrichment programs. The Company provides 13 different titles covering grades 1-12.